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Topic: What about building a library on bitcoin? (Read 298 times)

sr. member
Activity: 854
Merit: 364
I ❤️Bitcoin
I'm sorry about using a not good name, I'm glad to change to obey policy. Thanks for your opinion.
Op stop making multiple posts in a row, it 'spoils' the thread and it is also against the forum's rules, ....
Yep mate!
OP are doing multiple posts in row which is against the rules and it is strictly prohibited under the forum policy.

32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.


OP, I would recommend you to read all these rules in the below thread carefully and try to follow them. So that you don't create any problem later for you.

Bitcointalk posting etiquette <<<<

I think your first post was this topic and you broke the forum rules in his first post.  But anyway bro, So, if you read the rules first and post under them, hopefully you will not have any problem.
legendary
Activity: 1792
Merit: 1296
Crypto Casino and Sportsbook
Or maybe it’s better to leave the BTC-blockchain alone and not add all sorts of stuff like ordinals, runes, library? Bitcoin can't fully perform its direct functions, not to mention additional ones. Almost immediately, there is a jump in the cost of the transaction, which is clearly not good for mass adoption and increasing the user base. It seems to me that there is no need to try to put unnecessary things into bitcoin, because this technology is already outdated against the backdrop of newer blockchains and cryptocurrencies. There would be enough bitcoin capabilities to at least carry out current tasks and the increase in the number of users that will occur, which will certainly create additional load on the network.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
There's no need to overcrowd the Bitcoin network with stuff. If one wants to explore ideas of innovative libraries, why not consider Blockchain technology, but not Bitcoin blockchain specifically? I think that, realistically, it's inefficient and unnecessary, but at least it won't hurt Bitcoin, won't be an inconvenience and, who knows, maybe won't even be that expensive.
There are papers (for example, this one and this one) on using blockchain in library services, if that's what op wants to explore. But I feel like sometimes it's just better to stick to what works and not use Blockchain for unintended purposes.
hero member
Activity: 994
Merit: 1089
I'm sorry about using a not good name, I'm glad to change to obey policy. Thanks for your opinion.
Op stop making multiple posts in a row, it 'spoils' the thread and it is also against the forum's rules, you can reply to all the members you want to reply to in one post only. However, you do not even have to reply to every member who replied to your topic, just choose the 'necessary' ones and reply to them in one post, if you have an additional or new thing to say.
newbie
Activity: 6
Merit: 0

A guy paid 33BTC for a satoshi and hundreds pay way more than 2k for a JPG, the publicity a new author would get for releasing his book over the blockchain for free would be worth 100 times that fee!

Good thing that 99.999% of the world's population has no idea how to browse Bitcoin blockchain so it's not common to see Bitcoin blockchain being misused for publishing text.

IMO it's a serious flaw that it's even possible to add any data that is not necessary to send coins from one address to another. Blockchain space is already extremely scarce, why are we tolerating non-productive use of it?

I truly understand your worries. This idea is coming with the situation on bitcoin now. countless degens are having fun on bitcoin. If bitcoin is misused as a big casino, why not put smt more meaningful on it? At least it can make bitcoin cool. As long as bitcoin is the most stable and reliable information storage. Even years later, human will not read books as a hobby, the block chain will remember the fantastic books. By the way, I think brc20-sats those ordinals are meaningless. And with time passing by, it will not be remembered by anyone. But it exactly occupied many valuable space of bitcoin. If bitcoin will be misused anyhow, why not misuse it to do smt cool~ Haha, thanks for your reply. It is a strong and stable point~



Hmm, yup Blockchain introduced a good way to store and secure data but a large amount of data cant be stored on Bitcoin's Blockchain because this is not for what the Bitcoin network was created, there are many Blockchain networks that provide the large data storage solutions on-chain, but Bitcoin hmm it's not for data storage as you know the block size issue + each and every Block is super expensive compared to other networks.

AR, ICP, and some others in which top of the list is the file, haha I know its a Bitcoin discussion but the topic's nature demands alternative names.
I'm sorry about using a not good name, I'm glad to change to obey policy. Thanks for your opinion.
newbie
Activity: 6
Merit: 0
...because in humanity history, there are less than 200 books can be called world famous master pieces.
So, if we can build a self-circulation economic model. This may be true.
I'll argue this all day. There are at least 5,000 world famous master pieces that have been written since the beginning of time, don't ask me to mention them. You cannot limit our over 2000 years of civilization to less than 200 books.

Back to the topic at hand, as others have said, this will be too expensive to do on the Bitcoin network and is not the core purpose of the network either. We should get creative and look for more immutable way to store data.

- Jay -
As human society has developed, the means of storing information have evolved from primitive etchings on stones and walls to paper records, and now to modern electronic devices. While these advancements have significantly improved the efficiency and convenience of information storage, the durability of information from a long-term preservation perspective has shown a decreasing trend. For example, traditional paper materials can last for hundreds of years, whereas the lifespan of modern electronic storage devices typically spans only a few decades. Even information carved into more durable substances like stone cannot escape the fate of physical environmental damage and erosion over time.

In recent years, scientists have explored new methods using quartz glass as a data storage medium. This technology employs lasers to create minuscule physical changes within quartz glass, thereby achieving long-term data storage. Theoretically, the data preservation capabilities of quartz glass can reach hundreds of millions of years, significantly surpassing the lifecycle of traditional storage mediums. However, despite the significant advantages of quartz glass storage technology in terms of data preservation duration, it presents limitations in the convenience of information retrieval. This technology requires the use of specific reading devices to decode and access the stored data, which not only increases the cost of accessing information but also limits its accessibility.

In contrast, information storage based on the Bitcoin network, although theoretically not as physically durable as quartz glass, offers nearly instantaneous global access. With the aid of the internet, anyone can access data on the blockchain at any time from any location without the need for special equipment, greatly enhancing the circulation and availability of information.

As the value of Bitcoin has significantly increased, so too has the strength of its consensus mechanism. This consensus is not only rooted in the robustness of the technology but is also reflected in a large community of stakeholders—including miners, developers, investors, and millions of ordinary users. These participants create a strong network effect, with each individual contributing in their own way to the stability and security of the Bitcoin network. The immutability of information on Bitcoin is primarily attributed to several core principles.


In the end, I TOTALLY SUPPORT YOUR SAYINGS. Yes, not just 200 books. I mean there are 200 books you must and have to inscribe. I don't doubt we have more brilliant books than 200. It's just my list, if this library can be built, I will be happy to see your list~
newbie
Activity: 6
Merit: 0
Guys, what do you think of this idea? Looking forward to your reply.

Personally I really like this idea. It is high time we maximize the utilization of blockchain technology as it has been expected that this will be our future anyway. However I don’t think we should do it on the bitcoin blockchain itself. Bitcoin was never made for this purpose. Bitcoin users dream too much of how else to utilize bitcoin but we have not even yet used it properly as a p2p transaction due to its high price and transaction fees.


Thanks for your reply and your support
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
It wasn't an inscription price of a tx, somebody paid "cash" 33 BTC for that satoshi!
Oh, my bad then. I thought you can buy / sell / create an inscription at secret, or that this could have happened at secret anyways.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Hmm, I don't get the part of the conspiracy....nor why it would make sense (if any) for him to be a miner.
It makes a lot of sense if it was the miner, because then, they didn't pay 33 bitcoin. They paid a median-sized transaction in return for the "rarest" Ordinal or whatever-token. It makes no economic difference if the miner pays themselves 10 sat/vb or 1,000,000 sat/vb, but it apparently makes a significant difference if it's Ordinals.

Hmm, I think we are talking about different things.
The 33 BTC was an auction on Coinex:
https://www.coinex.com/en/halving-block-auction
It wasn't an inscription price of a tx, somebody paid "cash" 33 BTC for that satoshi!
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
Hmm, I don't get the part of the conspiracy....nor why it would make sense (if any) for him to be a miner.
It makes a lot of sense if it was the miner, because then, they didn't pay 33 bitcoin. They paid a median-sized transaction in return for the "rarest" Ordinal or whatever-token. It makes no economic difference if the miner pays themselves 10 sat/vb or 1,000,000 sat/vb, but it apparently makes a significant difference if it's Ordinals.

This theory makes sense only if the miner mined it in secret, and didn't broadcast it. Not sure it's possible to verify this theory by checking some well-configured debug.log.
hero member
Activity: 994
Merit: 1089
While the Bitcoin network has introduced a revolutionary platform for data storage
The BTC blockchain is not just for the storage of any kind of data, i know the 'flaw' in the network makes it possible for people to add 'useless' data to it, and stopping them would mean censorship, when the network is censorship resistant. However, this does not mean we should support adding data that isn't p2p tx's between users in the network, it only helps to fill up BTC blocks with data that isn't what the network was created for.
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
Although it seems like a creative idea, as expected, everyone does not agree with you, because we have not yet finished with the problem of Ordinals and pictures of monkeys, which created a problem of congestion and high fees on the network.

We do not need to add new burdens to the network, which already has a small capacity. The Bitcoin community is thinking of solutions to relieve pressure on the network and not add more burden and congestion.

Now the problem will double because after halving and the decline in mining rewards, fees have increased, and any new addition could lead to fee madness that no one likes.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
A guy paid 33BTC for a satoshi
Might be a wild conspiracy, but wouldn't it make a lot of sense of that guy was the miner?

Hmm, I don't get the part of the conspiracy....nor why it would make sense (if any) for him to be a miner.
The only two scenarios for this would be:
- money laundering, but why would Viabtc be part of this when they have their accounting book basically on the chain in plain view
- the usual collector with a ton of money and too little common sense

IMO it's a serious flaw that it's even possible to add any data that is not necessary to send coins from one address to another. Blockchain space is already extremely scarce, why are we tolerating non-productive use of it?

The "flaw" has existed for a long time under different aspects, it just made the news as it was more intensely used, and people will always find a way to abuse it.
Just for the laughs, I wonder if a Muslim would consider these coins "tainted":
https://mempool.space/tx/b5eb3d954b38e41960859aedd094070f7cf1047c1d8aa8492ae82c4c12ea511f
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
Hmm, yup Blockchain introduced a good way to store and secure data but a large amount of data cant be stored on Bitcoin's Blockchain because this is not for what the Bitcoin network was created, there are many Blockchain networks that provide the large data storage solutions on-chain, but Bitcoin hmm it's not for data storage as you know the block size issue + each and every Block is super expensive compared to other networks.

AR, ICP, and some others in which top of the list is the file, haha I know its a Bitcoin discussion but the topic's nature demands alternative names.
legendary
Activity: 3024
Merit: 2148

A guy paid 33BTC for a satoshi and hundreds pay way more than 2k for a JPG, the publicity a new author would get for releasing his book over the blockchain for free would be worth 100 times that fee!

Good thing that 99.999% of the world's population has no idea how to browse Bitcoin blockchain so it's not common to see Bitcoin blockchain being misused for publishing text.

IMO it's a serious flaw that it's even possible to add any data that is not necessary to send coins from one address to another. Blockchain space is already extremely scarce, why are we tolerating non-productive use of it?
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
We don't need to store a library on every computer running Bitcoin. If you want an unstoppable library, then check libgen and zlib*, both of which are probably the largest libraries in the world. For censorship-resistant browsing, we have Tor, we definitely don't need terabytes of data to store and verify forever.

* I would provide a link, but that'd probably result in a ban for reasons...  Tongue

A guy paid 33BTC for a satoshi
Might be a wild conspiracy, but wouldn't it make a lot of sense of that guy was the miner?
hero member
Activity: 644
Merit: 661
- Jay -
...because in humanity history, there are less than 200 books can be called world famous master pieces.
So, if we can build a self-circulation economic model. This may be true.
I'll argue this all day. There are at least 5,000 world famous master pieces that have been written since the beginning of time, don't ask me to mention them. You cannot limit our over 2000 years of civilization to less than 200 books.

Back to the topic at hand, as others have said, this will be too expensive to do on the Bitcoin network and is not the core purpose of the network either. We should get creative and look for more immutable way to store data.

- Jay -
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
Guys, what do you think of this idea? Looking forward to your reply.

Personally I really like this idea. It is high time we maximize the utilization of blockchain technology as it has been expected that this will be our future anyway. However I don’t think we should do it on the bitcoin blockchain itself. Bitcoin was never made for this purpose. Bitcoin users dream too much of how else to utilize bitcoin but we have not even yet used it properly as a p2p transaction due to its high price and transaction fees.

hero member
Activity: 1498
Merit: 711
Enjoy 500% bonus + 70 FS
Everyone have it own ways of understanding or making bitcoin to be well known I've come across of Bitcoin notebooks in bookshop and I try to purchase them and see the content of the book so it is good if you can be able to accumulate different kind of Bitcoin books or cryptocurrency books I think it will be better and then when you establish your library Bitcoin house many people will patronize you because bitcoin is now circulating across other countries so I believe with that you may have a patronage from your library store
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Oh great, let's put some more stuff on the chain!
Can't wait to see some 4k movies there or the whole Simpsons show!

1 MB of witness data at 10 sats/vb currently costs $1575 (1MB / 4 * 10 s/vB / 100000000 * $63000). Check my math.

A guy paid 33BTC for a satoshi and hundreds pay way more than 2k for a JPG, the publicity a new author would get for releasing his book over the blockchain for free would be worth 100 times that fee!
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